Andrew Anagost, Executive Director of Autodesk Inc., during the Bloomberg television interview in London, UK, April 25, 2023.
Chris Ratcliffe | Bloomberg | Getty Images
Design software Autodesk He said on Thursday that he would release 1,350 employees, which will succeed at 9% of his workforce.
The reduction of jobs follows a number of large reductions in the number of ships throughout the technological industry. In January, Target he said he would let go of 5% of his workers and earlier this month Working daywhich sells human resources and financing software, announced a reduction of 8.5%. In November, the AMD chip manufacturer said he would Let 4% of their employees. Google has also announced a decrease in its human relations and cloudy divisions this week, CNBC reported.
“Our GTM model has been significantly developed from a subscription transition and multi -year contracts that are charged annually by providing self -service, adoption of direct charge and more,” wrote executive director Andrew Anagnost UA memorandum employees. “These changes position us to better satisfy the evolutionary needs of our customers and partners on the channels. In order to fully benefit from these changes, we begin the transformation of our GTM organization to increase customer satisfaction and autodeska productivity.”
The company also implements release to remain competitive in the current economy and protect the leadership of the company in cloud and artificial intelligence, Anagnist wrote.
Autodesk based in San Francisco will also reduce the object. But that will not close any offices, a spokesman for CNBC UE -Said. It expects from $ 135 million to $ 150 million to restructuring costs before tax.
The company also posted better on Thursday than expected fiscal results of the fourth quarter. The company delivered $ 2,29 adapted to earnings per share to $ 1.64 billion in revenue, which is 12% compared to the year. The analysts explored by LSEG asked for $ 2.14 per share and $ 1.63 billion in revenue.
For the fiscal first quarter, Autodesk invited to $ 2.14 to $ 2,17 adapted to earnings per share to $ 1.600 billion up to $ 1.610 billion in revenue. The analysts surveyed by LSEG were expecting $ 2.08 per share and $ 1,598 billion in revenue.
The administration sees $ 9.34 to $ 9.67 adapted to earnings per share for 2026. Fiscal year, with 6.895 billion up to $ 6.965 billion in revenue. The consensus of LSEG was $ 9.24 per share and $ 6.902 billion in revenue.
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